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    OFF-MARKET
    Warehouses

    3711 Elmers Industrial Dr, Traverse City, MI 49685-8310

    11,880 SF 4 ac lot Built 2018
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1883284
    Property summary
    AI-generated overview

    This exceptional 2,400 square foot warehouse space, part of a larger 12,000 square foot multi-tenant industrial building, presents a fantastic opportunity for businesses seeking efficient and well-equipped facilities in Traverse City, Michigan. Located at 3711 Elmer's Industrial Drive, this light industrial flex space is ideal for a variety of small businesses. Built in 2018, the unit boasts modern amenities including one 14' x 14' overhead door, allowing for easy loading and unloading of goods, and a separate service door for convenient access. The space also features 220V/100A electrical service, ensuring sufficient power for various operational needs. Heated and well-lit, the unit provides a comfortable and productive work environment. The enhanced workshop lighting further optimizes workspace efficiency. The property is zoned for industrial use and is situated within a larger complex offering ample parking, including sufficient space for maneuvering large trucks. The property's APN is 05-033-010-01, and it's located in Grand Traverse County, Michigan, with a zip code of 49685. This is a rare opportunity to secure a modern, functional warehouse space in a prime Traverse City location. Don't miss out on this chance to establish or expand your business in a thriving area.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2018
    Total area 11,880 SF
    Lot 4 ac (174,284 SF)
    APN 05-033-010-80
    UPID US43-1883284
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    ELMERS REAL EST CO LLC
    ELMERS REAL EST CO LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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